Assistant Vice President

12542 Citicorp Services India Private·Posted 1 week ago

Location

All India

Experience

6–10 years

Required Skills

Escalation ManagementFinancial AnalysisProduct KnowledgeAnalytical ThinkingConstructive DebatePolicyProcedurePolicyRegulationRisk ControlsMonitorsRisk IdentificationAssessment

About the Role

As a Citi Community Capital - Real Estate Underwriting - Assistant Vice President, you will play a critical role within the Structured Credit and Real Estate Underwriting (RESCU) team, managing a multi-billion-dollar portfolio of real estate assets primarily in the affordable housing space across North America. Your responsibilities will include:

• Working proactively with the Underwriting team/ Asset Manager to ensure timely information flow/ communications among all internal stakeholders

• Reviewing property-level financials and borrower/guarantor financial statements to identify deteriorating trends and support portfolio reviews

• Overseeing and reviewing the work product of junior analysts, providing constructive feedback to ensure quality, accuracy, and timely delivery

• Assisting with classification and risk rating processes, identifying data trends & deteriorating asset performance

• Monitoring compliance of assigned deals with financing terms and conditions, portfolio performance, and financial triggers to mitigate credit risks

• Monitoring projects under development, overseeing construction progress, budget tracking, draw reviews, and risk ratings

• Preparing annual credit approval and quarterly memos in a timely manner

• Assisting with stress testing, concentration analysis, audits, risk ratings, and credit policy initiatives

• Maintaining audit-ready credit files in line with policies

Qualification Required:

• 6+ years of experience in credit analysis, portfolio management, underwriting, or structuring at a financial institution

• Strong Microsoft Office skills, modeling experience is a plus

• Strong attention to detail

• Excellent oral and written communication skills

• Team player with strong work ethic

• Strong organizational skills and ability to work under pressure

• Ability to work independently to meet tight deadlines

• Real estate or structured credit experience preferred

• Education: MBA or CFA or CA

At Citi, you will have access to programs and services for your physical and mental well-being, expanded Paid Parental Leave Policy, financial well-being support, learning and development resources, work-life balance programs, and opportunities for volunteering in the community. Citi employee volunteers contributed more than 1 million volunteer hours around the world in 2019. As a Citi Community Capital - Real Estate Underwriting - Assistant Vice President, you will play a critical role within the Structured Credit and Real Estate Underwriting (RESCU) team, managing a multi-billion-dollar portfolio of real estate assets primarily in the affordable housing space across North America. Your responsibilities will include: